Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Kuwait - 2022
Contents:
- Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Kuwait (CIF) - 2022
- Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Kuwait (FOB) - 2022
- Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Kuwait
- Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Kuwait
Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Kuwait (CIF) - 2022
The average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $45,065 per ton in 2022, growing by 21% against the previous year. Overall, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s increased by +73.1% against 2018 indices. The most prominent rate of growth was recorded in 2014 an increase of 51%. Over the period under review, average import prices hit record highs at $51,636 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($96,953 per ton), while the price for Malaysia ($10,182 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Kuwait (FOB) - 2022
The average export price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $28,384 per ton in 2022, rising by 91% against the previous year. Overall, the export price saw noticeable growth. The growth pace was the most rapid in 2018 when the average export price increased by 93%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($29,200 per ton), while the average price for exports to Saudi Arabia ($16,257 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+32.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Kuwait
In 2022, supplies from abroad of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s increased by 555% to 87 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports continue to indicate a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s soared to $3.9M in 2022. In general, imports posted a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 118 | 141 | 219 | 2,082 | 160.3% |
| India | 364 | 171 | 12.7 | 302 | -6.0% |
| Germany | 150 | 74.8 | 1.7 | 181 | 6.5% |
| Japan | 99.6 | 117 | 28.6 | 174 | 20.4% |
| Italy | 181 | 229 | 38.5 | 153 | -5.4% |
| France | 27.2 | 38.9 | 12.1 | 142 | 73.5% |
| Denmark | 5.1 | 11.0 | 5.1 | 137 | 199.5% |
| Spain | 94.5 | 47.4 | 1.2 | 120 | 8.3% |
| Canada | 188 | 153 | 27.2 | 119 | -14.1% |
| United States | 556 | 546 | 6.3 | 83.8 | -46.8% |
| United Kingdom | 236 | 336 | 47.1 | 42.1 | -43.7% |
| Malaysia | 77.0 | 76.0 | 5.7 | 24.8 | -31.5% |
| South Korea | 255 | 220 | 22.7 | 2.1 | -79.8% |
| Others | 366 | 335 | 68.2 | 357 | -0.8% |
| Total | 2,716 | 2,496 | 497 | 3,921 | 13.0% |
Top Suppliers of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Kuwait in 2022:
- China (47.3 tons)
- Japan (9.2 tons)
- India (4.8 tons)
- France (3.4 tons)
- Spain (2.9 tons)
- United States (2.4 tons)
- Malaysia (2.4 tons)
- Canada (2.3 tons)
- Italy (2.3 tons)
- Denmark (2.2 tons)
- Germany (1.9 tons)
- United Kingdom (0.9 tons)
- South Korea (0.2 tons)
Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Kuwait
In 2022, exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s from Kuwait soared to 82 tons, surging by 1,454% compared with the previous year's figure. Overall, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s soared to $2.3M in 2022. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | N/A | 56.4 | 67.8 | 2,083 | 507.7% |
| India | 46.7 | 5.9 | 5.4 | 178 | 56.2% |
| Saudi Arabia | 2.2 | 1.7 | 1.7 | 60.6 | 202.0% |
| Others | 2.3 | 0.8 | 3.7 | 7.0 | 44.9% |
| Total | 51.2 | 64.9 | 78.6 | 2,329 | 257.0% |
Top Export Markets for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Kuwait in 2022:
- Sweden (71.3 tons)
- India (6.5 tons)
- Saudi Arabia (3.7 tons)
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